Barnes & Noble eyes Borders locations

    Barnes & Noble is shoring up finances to avoid following in rival Borders Group’s steps, and might be interested in taking over some of the locations Borders closes as part of its bankruptcy reorganization.

    According to a report in the Philadelphia Business Journal, the om would suspend its quarterly shareholder dividend to conserve cash and free up capital for future investments in digital media. Barnes & Noble, which has 15 locations in the Philly area, also might look to take over some locations left vacant by Borders as part of its Chapter 11 filing. So far, two — both outside the city — are closing its doors.

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